2024-02-21T15:00:07-05:00 2023-06-30 651155416 MENENDEZ CPA 18501 PINES BLVD SUITE 337 PEMBROKE PINES FL 33029 990 2022-07-01 650443188 HABITAT FOR HUMANITY OF KEY WEST AND LOWER FLORIDA KEYS INC HABI 3052949006 471 OVERSEAS HWY STE 102 KEY WEST FL 33040 NICHOLAS WAHRER TREASURER 3052949006 2024-02-21 true NICHOLAS WAHRER XXX-XX-XXXX true JOSE MENENDEZ P01027136 9543744118 2024-02-21 2022 2023-04-26 12:10:37Z TERRI HILL 471 OVERSEAS HWY STE 102 KEY WEST FL 33040 6207560 false X WWW.HABITATLOWERKEYS.ORG X 1993 FL HABITAT FOR HUMANITY OF KEY WEST AND LOWER FLORIDA KEYS IS A NON-PROFIT VOLUNTEER ORGANIZATION WHOSE PURPOSE IS TO PROVIDE DECENT, LOW COST AND AFFORDABLE HOUSING THROUGHOUT THE LOWER FLORIDA KEYS BY PROVIDING NEW HOME CONSTRUCTION, RESTORATION AND EMERGENCY RESIDENTIAL REPAIRS FOR THE ECONOMICALLY DISADVANTAGE. 10 10 8 96 0 1221187 2234595 3751241 2194478 29476 487144 1289069 1270253 6290973 6186470 0 0 308653 322485 0 38709 5789566 3576999 6098219 3899484 192754 2286986 7494321 10566325 3643515 4428533 3850806 6137792 X HABITAT FOR HUMANITY OF KEY WEST AND LOWER FLORIDA KEYS IS A NON-PROFIT VOLUNTEER ORGANIZATION WHOSE PURPOSE IS TO PROVIDE DECENT, LOW COST AND AFFORDABLE HOUSING THROUGHOUT THE LOWER FLORIDA KEYS BY PROVIDING NEW HOME CONSTRUCTION, RESTORATION AND EMERGENCY RESIDENTIAL REPAIRS FOR THE ECONOMICALLY DISADVANTAGE. false false 2891165 1668680 THE ORGANIZATION PROVIDES DECENT LOW COST AND AFFORDABLE HOUSING THROUGH NEW HOME CONSTRUCTION, RESTORATION AND EMERGENCY RESIDENTIAL REPAIRS FOR THE ECONOMICALLY DISADVANTAGED. IN 2023, THE ORGANIZATION SOLD 5 HOMES AND REPAIRED APPROXIMATELY 16 HOMES. 294021 409777 THE ORGANIZATION OFFERS AFFORDABLE RENTAL PROPERTIES FOR THOSE INDIVIDUALS WHO QUALIFY IN ACCORDANCE WITH THE ORGANIZATION'S INCOME GUIDELINES. THE ORGANIZATION CURRENTLY HAS APPROXIMATELY 29 UNITS FOR RENT. THE ORGANIZATION HAD APPROXIMATELY 83% OF THE UNITS RENTED AS OF YEAR END. 118723 116021 THE ORGANIZATION PROVIDES MORTGAGE AND FAMILY SERVICES TO HOMEOWNERS AS WELL AS SERVICES TO VOLUNTEERS. 3303909 true true false false false false false false true false true false false true true false true false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false true 11 0 true 8 true false false false false false false false false X 10 10 false false false false false false false true true false false true true true true true true true true false FL X KRISTINA WELBURN EXEC DIRECTOR 3052949006 471 OVERSEAS HWY STE 102 KEY WEST FL 33040 X TERRI HILL PRES/CHAIRPE 3.00 X X 0 0 0 DEBBIE BATTY VICE CHAIR 3.00 X X 0 0 0 NICHOLAS WAHRER TREASURER 3.00 X X 0 0 0 DONNA MOORE SECRETARY 2.00 X X 0 0 0 LYNDA WOODS BOARD MEMBER 2.00 X 0 0 0 DEVON AYERS BOARD MEMBER 2.00 X 0 0 0 BRENDA CALLAHAN BOARD MEMBER 2.00 X 0 0 0 JOE MOODY BOARD MEMBER 2.00 X 0 0 0 BILLY DAVIS BOARD MEMBER 2.00 X 0 0 0 AL ALTUVE BOARD MEMBER 2.00 X 0 0 0 false false false GULF SOUTHERN CONSTRUCTION COMPANY 1700 N ROOSEVELT BLVD KEY WEST FL 33040 CONSTRUCTION 881368 1 2234595 2234595 SALE OF HOMES 230000 1384861 1384861 RENTAL INCOME 531110 409777 409777 AMORTIZATION - MORTGAGE DISC. 230000 281143 281143 ADMINISTRATIVE FEES 561000 80311 80311 RESTORE 561499 35710 35710 2676 2676 2194478 61985 61985 446249 21090 425159 425159 425159 DISCOUNT ON NOTE PAYABLE 900099 1270253 1270253 1270253 6186470 3889890 61985 243569 160951 82131 487 60896 40239 20535 122 18020 11908 6076 36 129923 68701 32685 28537 27978 687 26340 951 64284 51452 4256 8576 220110 109961 110149 76720 57601 19119 76440 60539 15901 CONSTRUCTION COST 1585383 1585383 DISCOUNT ON NEW MORTGAGES 1072810 927124 145686 COST OF HOMES REPAIR 176746 176746 COST OF MORTGAGE SALES 80309 80309 66296 52617 13679 3899484 3303909 556866 38709 1458408 4121964 59860 459190 30529 15764 2019515 528424 1512992 1491091 4432532 4478316 7494321 10566325 17612 40385 72299 25000 3533427 4334717 20177 28431 3643515 4428533 X 3850806 6137792 3850806 6137792 7494321 10566325 2286986 X false true X true false X 2174453 733590 938767 1221187 2234595 7302592 2174453 733590 938767 1221187 2234595 7302592 7302592 2967 1806 2656 9991 61985 79405 79152 79152 7461149 12539187 0.97870 0.86980 X PART II, LINE 10 79,152 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 981843 150004 831839 934656 335923 598733 15827 8164 7663 87189 34333 52856 1491091 MORTGAGE RECEIVABLES 3653862 UNDEVELOPED LAND 430412 LAND WHOSE USE IS RESTRICTED 369548 CONSTRUCTION IN PROGRESS 24494 4478316 PAYROLL RELATED LIABILITIES 21872 INTEREST PAYABLE 6559 28431 6186470 6186470 6186470 3899484 3899484 3899484 SCHEDULE D, PAGE 2, PART IV, LINE 2B THE ORGANIZATION SERVICES ESCROW TRANSACTIONS FOR HOMEOWNERS WHO HAVE MORTGAGES WITH THE ORGANIZATION OR ARE BEING SERVICED ON THE BEHALF OF ANOTHER PARTY. THE CASH AND ESCROW LIABILITIES ARE OFFSET FOR REPORTING PURPOSES. FORM 990 - ORGANIZATION'S MISSION HABITAT FOR HUMANITY OF KEY WEST AND LOWER FLORIDA KEYS IS A NON-PROFIT VOLUNTEER ORGANIZATION WHOSE PURPOSE IS TO PROVIDE DECENT, LOW COST AND AFFORDABLE HOUSING THROUGHOUT THE LOWER FLORIDA KEYS BY PROVIDING NEW HOME CONSTRUCTION, RESTORATION AND EMERGENCY RESIDENTIAL REPAIRS FOR THE ECONOMICALLY DISADVANTAGE. FORM 990, PAGE 1, PART I, LINE 6 VOLUNTEERS PROVIDE ADMINISTRATIVE AND HOME BUILDING FUNCTIONS. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE AND FINAL APPROVAL IS MADE BY THE GOVERNING BOARD. IF A BOARD MEETING IS NOT HELD PRIOR TO THE FILING DATE, FORM 990 IS PROVIDED TO THE GOVERNING BODY FOR REVIEW AND APPROVAL AT THE NEXT MEETING. IN THE EVENT THAT THE FULL REVIEW BY THE GOVERNING BODY AFTER THE FILING DISCLOSES A PROBLEM WITH THE RETURN, AN AMENDED FORM 990 WOULD ACCORDINGLY BE FILED. FORM 990, PAGE 6, PART VI, LINE 12C POLICY ENFORCED BY UPPER MANAGEMENT AND DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15A THE CHAIRMAN OF THE BOARD OF DIRECTORS APPROVES COMPENSATION OF THE EXECUTIVE DIRECTOR IF/WHEN A SALARY ADJUSTMENT HAS BEN PROPOSED. FOR ALL OTHER TOP MANAGEMENT POSITIONS, SALARY IS APPROVED BY IMMEDIATE SUPERVISORS BASED ON BUDGET APPROVED BY BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15B APPROVED BY THE EXECUTIVE DIRECTOR AND BOARD OF DIRECTORS FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE GOVERNING DOCUMENTS ARE AVAILABLE FROM THE STATE OF FLORIDA SECRETARY OF STATE WEBSITE. ALL OF THE AFORMENTIONED INFORMATION IS PROVIDED UPON WRITTEN OR VERBAL REQUEST. HFHKW FUNDING COMPANY LLC 471 OVERSEAS HWY STE 102 KEY WEST FL 33040 650443188 SEEPARTVII FL SEEPARTVII SCHEDULE R PART I DISREGARDED ENTITIES: HFHKW FUNDING COMPANY, LLC IS CONSIDERED A DISREGARDED ENTITY FOR THE PURPOSE OF THE INTERNAL REVENUE CODE. THE COMPANY SHALL ENGAGE IN THE ACTIVITY OF ACQUIRING AND HOLDING MORTGAGE LOANS AND RELATED DOCUMENTS ORIGINATED BY THE SOLE MEMBER, HABITAT FOR HUMANITY OF KEY WEST AND LOWER FLORIDA KEYS, INC. TOTAL REVENUE OF APPROXIMATELY 1,519,700 REPRESENTS DISCOUNT ON NOTES PAYABLE AND AMORTIZATION OF MORTGAGES. THE REVENUE IS OFFSET WITH RELATED DISCOUNT ON MORTGAGES AND RELATED COST.